InvestorQ : When does a investor in Mutual funds receive dividend?
nishi Shah made post

When does a investor in Mutual funds receive dividend?

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Ishita Jain answered.
3 years ago
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As Mutual Fund is a regulated market and SEBI has a set of rules. Accordingly, Mutual Funds is obliged to dispatch the dividend warrants to the unit-holders within 30 days of dividend declared by the company. Failure to do so leads a penalty to Asset Management Company (AMC) wherein an interest set by SEBI should be paid from time to time.

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